Displaying 36 results
Focus chugs along with hub merger strategy
The latest intra-network consolidation, involving a HNW and retirement plan practice in Illinois, is set to form a $14.5B wealth firm.
Bordeaux expands aerospace focus with merger
The Focus partner firm is eyeing more business from high-flying industry execs as it joins forces with another RIA in Washington.
Focus Financial unveils second intra-partnership merger
The agreement to merge GW & Wade's $10.4 billion practice with The Colony Group marks another major step in the wealth network’s new hub strategy.
Increasing costs hitting financial advice industry
Expenses are rising: LPL Financial said in October that its core general and administrative expenses were up 15% year-over-year.
Focus Financial announces retirement of founder Rudy Adolf
Dan Glaser, the chairman of the company's board, has been appointed interim CEO, effective immediately.
Focus Financial Partners eyes new growth as $7B take-private completes
The firm has been acquired by Clayton Dubilier & Rice and Stone Point Capital affiliated funds.
Jury’s out as market rejects mega RIAs
IPOs may still be a road to riches for giant aggregators, but critics say hurdles remain.
How stocks of wealth management firms are holding up this year
Focus Financial is going private. There’s a banking crisis. What has the impact been on these companies?
The undiminished lure of RIA firms
Registered investment advisory firms provide a service that customers understand, demand and are willing to pay a good price for, in good times and bad.
Focus Financial weighs $4.1 billion sale to private equity firm
PE firm Clayton Dubilier & Rice offered $53 per share for the RIA aggregator, adding fuel to the 24% rally in Focus' shares so far this year.
Focus Financial partner deal expands access to alternative investments
Chicago firms Kovitz and Origin will combine real estate investment expertise, creating greater access across the Focus network.
So your RIA has gone mega. Is it time to go public?
The wave of IPOs among mega RIAs has been building for years, but some in the industry wonder how many firms can weather the challenges of being a public company.
Focus Financial expects good year for M&A despite tough market
The company has already completed 14 deals this year and has an “excellent” pipeline that includes a mix of new partners and merger opportunities, said Focus Financial founder and CEO Rudy Adolf.
Focus Financial unit adds Strategic Capital Advisers
Denver-based Strategic Capital, which manages more than $770 million, is joining Focus partner firm Transform Wealth.
Will 2022 see an RIA white whale — a mega mega-deal?
When will one of the 40 or so large strategic buyers of registered investment advisory firms emerge from the depths to swim with another?
Focus Financial Partners looks to double revenue by 2025: Adolf
The RIA aggregator reported that it finished 2021 with a bang, closing 22 deals in the fourth quarter alone. For the year, it hit a new high of 38 RIA transactions.
CAIS provides alts platform to Focus Financial firms
The custom CAIS platform will allow for the evaluation of hedge funds, private equity, private credit, real estate, digital assets, and structured notes.
Dynasty Financial IPO raises questions about future of platform
While private equity investors have an unquenchable thirst for wealth management, the public markets haven't always been kind to wealth management companies.
Focus Financial adds $585 million Alley Co. to its ranks
The latest deal by the New York-based RIA aggregator follows a trend of firms wrapping up deals before year-end.
RIA M&A blitz to continue: Rudy Adolf
“We are probably working on more deals than I can ever remember," the Focus Financial CEO said as the company reported its third-quarter earnings.
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